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Updated over 6 years ago on .
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Do my tennants need to sign a new lease?
I purchased a townhome earlier this year as a rental, and have since created an LLC to put the property into. The person who created the LLC for me said that we would need to get a new lease signed by the tenant because the LLC is now the true landlord. Is this correct? It’s not a huge deal if so, but I wanted another opinion on the matter. Thanks!
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@Bryan Cork the lease will stay in affect regardless of who the owner and contInue to be a legal contract.
However, I did something similar and wrote a new lease with my LLCs name at the time of renewal because it made my life easier by having all the paperwork match.